Tag Archives: http://www.nouveauriche.com/

Nouveau Riche (University) was founded in 2000 by Jim and Mary Piccolo with co-founder Bob Snyder. That company was sued and I believe went bankrupt shortly after that. The partners broke up and went to different states and started everything all over again. Renatus is just Bob Snyder trying it again.

Mr. Piccolo is a real winner. Piccolo ran into more trouble when he pleaded guilty to the theft of his girlfriend’s new Mercedes-Benz. Although he denies responsibility now, Piccolo admitted to the court that he had dumped the car in the desert so that his girlfriend could collect an insurance claim of about $24,000. After three years probation, his felony conviction was reduced to a misdemeanor.

Piccolo is now with www.REWW.com Real Estate World Wide with Kent Clothier

One of their top hawkers Andrew Yurasek was having multiple properties going to tax auction in South Bend IN. while promoting that real estate college.

Arizona Corporations Commission fine

In a February 17, 2011 press release, the Arizona Corporation Commission announced that “[T]he Commission ordered James Piccolo of Scottsdale, Craig Cottrell of Tempe and Michael Roberts of Scottsdale and their affiliated companies to pay $5,577,226 in restitution and a total of $300,000 in administrative penalties for defrauding 105 investors with unregistered deed of trust investments.

The Commission found that the men promoted the unregistered deed of trust investments at real estate education seminars where they convinced students to become investors, promising them double-digit returns.”